Ellora Assets Corporation, best known for its freeware video downloading and converting tools under the Freemake brand, has released a new version of its flagship product— Freemake Video Converter.

Freemake Video Converter 3.0.2 features new presets for popular Apple gadgets: iPad 2, iPhone 4S and recently released iPad 3. Now the happy owners of the newest Apple tablet may convert HD video for iPad 3 playback with the help of Freemake Video Converter.

Freemake Video Converter is a free video application which converts between most video formats. Freemake Video Converter enables users to embed online video, burn DVD/Blu-ray discs, edit video and upload it to various video streaming services. Freemake Video Converter features much higher conversion speed and significant gains in performance due to CUDA technology. Therefore, this free converter can be considered one of the pioneers among video tools.

Freemake Video Downloader also comes with new options: now it supports the video download of iFrame embedded YouTube videos and adds TED.com to the list of supported resources.

Download links and more information about the Freemake software can be found on the official website.